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vice president biden is in charge of that task force. they've been given a deadline of january to present ideas to the president. the president gives his state of the union address in early february. and then it's off to the races and trying to get something done. so the idea that the president isn't going to push hard on doing something about gun safety, gun control, however you want to talk about it i think is a little bit ludicrous. julian and james, thanks very much. >> thank you. >> happy new year. >> stay with us. much more ahead. >> many new year. >> happy new year. in this country we say happy new year. >> ha, ha, ha, ha! safety, gun control, however you in this country we say happy new safety, gun control, however you in this country we say happy new >>> stay with us. the day's "top lines" are coming up. ♪ i heard somebody say ♪ burn, baby burn ♪ disco inferno ♪ burn, baby burn >>> fireworks and old friends, champagne toasts and resolutions. oh, and that dreaded fiscal cliff. here are today's "top lines." countdown to sk
vice president biden is in charge of that task force. they've been given a deadline of january to present ideas to the president. the president gives his state of the union address in early february. and then it's off to the races and trying to get something done. so the idea that the president isn't going to push hard on doing something about gun safety, gun control, however you want to talk about it i think is a little bit ludicrous. julian and james, thanks very much. >> thank you....
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we reported that joe biden, the environment, is in the building. our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to come through he and meet with all of the senate democrats for the meeting you were talking about with the senator. sounds as though they're doing a little talking about -- a little bit of a game plan about how they're going to present this to the caucus, and obviously, that's a very delicate issue for reasons we have been talking about. the democratic caucus, many of them are not happy. in fact, i have to tell you i was told by one democratic senator when they put up on a screen, they put up yesterday in a meeting that democrats were having, they put up almost
we reported that joe biden, the environment, is in the building. our photographer just saw him go into harry reid's office. he's currently meeting, i don't know, one-on-one, or maybe with other members of the senate democratic leadership in the office of senator harry reid, which is just around the corner from where i'm standing right now. you see this crowd of people behind me. those are reporters waiting to see if the vice president is going to come through because he's eventually going to...
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joe biden is saying, yeah, 2016. maybe. >> he is not going through the ritual of saying -- he is clearly it does interest me. it's hard to -- i would separate this from presidential politics. as hard as that is for somebody like us. >> come on. it's tough. i do think this represents the fact that at the end of the day particularly in your intense dead looirn situation personal relationships do matter. two men that have been in the senate and know each other. i don't know of if i particular affection, they know each other and they know what makes the other tick. they know what the other incentives are. the personal relationships can matter. there's no question. i think it will give sort of credibility to joe biden's standing, and they will show the value of that kind of institutional knowledge and seniority. >> they say it's the deal and it's the program meter is 450,000 with an extension of the patch in amt and extension of unemployment benefits and all these sorts of things. are both sides able even if they're not r
joe biden is saying, yeah, 2016. maybe. >> he is not going through the ritual of saying -- he is clearly it does interest me. it's hard to -- i would separate this from presidential politics. as hard as that is for somebody like us. >> come on. it's tough. i do think this represents the fact that at the end of the day particularly in your intense dead looirn situation personal relationships do matter. two men that have been in the senate and know each other. i don't know of if i...
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that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed. >> bret: i agree with you. this is actually a long meeting at 10:40 when you are supposed to potentially move legislation to the senate floor tonight to take action potentially for the house to act tomorrow. stephen dinal with the washington times. thank you very much. i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy ne
that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed....
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mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts to have conversations to be able to find bipartisan agreement. these are the two men who negotiated an extension of the bush era tax cuts for two years. that happened two years ago when republicans had a lot of political capital because they just won the house in a big way. whether or not these two men are actually going to be the ones to strike a deal, we're not sure, but we are told, our ted barrett and jessica yellin and i are told by multiple sources that it does seem that at this point, at this late hour, the talks are primarily centered around and between these two men, between mitch mcconnell, t
mcconnell had been working with senate majority leader harry reid, but he and biden have gotten things done when working together in the past. can they do it now? let's go to dana bash. dana, what do you think? is it promising? can they go it now? >> reporter: well, let's start there. it certainly has happened before between these two men, and it's happened before when democrats on capitol hill are either split or have gotten, frankly, just too frustrated with the republican counterparts...
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. >> you mentioned vice president biden swooping in at the last minute like superman and being able to secure this deal and that's certainly the perception a lot of people had. we heard mitch mcconnell speaking on the floor and he said this shouldn't have taken this long. certainly, there have been discussions about this for months. so in terms of the political drama that was playing out behind the scenes, how did this happen this waif? all of the sudden, at the 11th hour, well passed the 11th hour, we're voting at two in the morning on this measure. >> well, just as the way things happen in congress. nobody does anything until their back is completely against the wall. and i've got to say, maura, it's not all said and done for all the reasons we've outlined. the house of representatives still has to act. there could yet be some hiccups if not major explosions along the way here. but, you know, i mean, in order for people to come together, they've really got to have their backs up against the wall. and if you can say one thing, one remarkable thing about what's happening here on the se
. >> you mentioned vice president biden swooping in at the last minute like superman and being able to secure this deal and that's certainly the perception a lot of people had. we heard mitch mcconnell speaking on the floor and he said this shouldn't have taken this long. certainly, there have been discussions about this for months. so in terms of the political drama that was playing out behind the scenes, how did this happen this waif? all of the sudden, at the 11th hour, well passed the...
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because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >> brianna keilar in washington, thanks for being with us. we'll talk to you again real soon >> staying in the capital now with jonathan allen. senior congressional correspondent for politico. john, give us some sense of the word from the house this morning. because we're going to spend a lot of time telling all those folks who might have been doing something other than paying attention to what was going on with the fiscal cliff overnight what the details of the plans are. we wasting our breath? is this going to make it through the house? >> the message we're hear
because it seemed like joe biden was very much in charge. well, the fact is, biden was actually very much an extension of him and it sort of makes sense when you think of the rhythm of how congress works. the president, of course, served in the senate. joe biden served in the senate for decades alongside mitch mcconnell. and it was really, i think, that relationship, and sort of his knowing the rhythm of congress. and also, frankly, the deadline that helped kind of push this along. >>...
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senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi, republicans are very concerned that if that not be used as an offset to reduce or to replace some of the spending cuts that you would occur in the sequester, that democrats put forward an alternative and so this is a process. obviously, there's a lot of give and take going on now, but republicans don't want to see new revenues, in other words, democrat tax increases, be used for new spending. so that's sort of where many of our members have drawn the line now. >> that is where it times to be one of the big road blocks are right now, democrats -- you-all want to use what's known as chained cpi, which is a technical -- i won't get into it now but would effectively really affect social security recipients to replace the sequester, which is $100 billion in cuts and democrats want to use new revenue from tax increases to replace the sequester. is that where you see i
senator mcconnell and vice president biden are continuing to discuss this and we think there perhaps still could be a path forward. the one thing that is a, you know, democrats come out and made a big deal out of chained cpi, republicans are very concerned that if that not be used as an offset to reduce or to replace some of the spending cuts that you would occur in the sequester, that democrats put forward an alternative and so this is a process. obviously, there's a lot of give and take going...
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biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session, the washington times reports that the country technical felt that this will cut. there is still little bit of time. -- allen in fairfield, illinois, republican caller. all of let's get rid of congress, fire them, vote them out of office. host: why is that? caller: they are not doing them -- doing what we want them to. host: which is what? caller: to the deficit down, and do what we put them in there to do. host: how should that be done, alan? caller: i'm not sure about that. host: social security, medicare, medicaid? caller: they should be on the
biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session,...
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. >> one story is that much mcconnell had gone to speak with vice president biden. what can you tell us? guest: the republican leader calls joe biden off the bench. it is what we had been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw that in the debt ceiling debate. they swooped in at the and down the made the deal happen. -- at the end and made it happen. it was an interesting move by mitch mcconnell to call joe biden today and try to jump- start these negotiations when they locked up with the majority leader on the democratic side. i think that will be something to watch here in the coming hours. how will it play? there are many concern that maybe you will cut a bad deal. will joe biden come in to embolden the republicans or will the democrats altogether across pennsylvania avenue? a big story line we are all watching now very closely. >> we hear senator reed wants to bring them back at 11. is it likely they will have some kind of deal or counteroffer in hand when the gavel back in? guest: i wish i could
. >> one story is that much mcconnell had gone to speak with vice president biden. what can you tell us? guest: the republican leader calls joe biden off the bench. it is what we had been waiting for. the senate republican leader and the vice-president have a good working relationship. we saw that in the debt ceiling debate. they swooped in at the and down the made the deal happen. -- at the end and made it happen. it was an interesting move by mitch mcconnell to call joe biden today and...
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it's led by joe biden. he has already convened it twice. he has met with law enforcement officials, with mayors, and more excitingly, you've got people on the hill already announcing bills that are going to put forward on day one of the new congress. we've got senator feinstein proposing an assault weapons ban. we've got someone else with a high capacity ammunition clips. think it's maybe lautenberg, and you have the president publicly saying now that he supports those bills. this is the most momentum to date. this is the most we're going to see for a while. they have to build now or go home. >> that's the question. we go back to the question of capitol hill gridlock, and as much as people want to sort of talk about the issue and it makes everyone feel good to say they're on the right side of the issue, but can something like this get through the house of representatives? >> two dirty secrets. the first one is the white house before the election is actually going to do something on gun control if he got re-elected. second dirty secret is yo
it's led by joe biden. he has already convened it twice. he has met with law enforcement officials, with mayors, and more excitingly, you've got people on the hill already announcing bills that are going to put forward on day one of the new congress. we've got senator feinstein proposing an assault weapons ban. we've got someone else with a high capacity ammunition clips. think it's maybe lautenberg, and you have the president publicly saying now that he supports those bills. this is the most...
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so, again, vice president biden heading to the hill. just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could wind up paying about $2,000 more in their taxes. and if we went over the cliff and stayed over the cliff for a significant amount of time, the economy could eventually begin to dip back into recession. and that is really the big concern here. you've heard president obama talk about those concerns when he has held some of these public campaign events. he held one today to pressure congress to act. he has talked about the fact that this is a really about americans and the economy and preventing the economic recovery from being harmed. milissa? >> kr
so, again, vice president biden heading to the hill. just three hours until we head over the fiscal cliff. the large concern here is the impact that going over the cliff would have on the economy. now economists say look, it's not going to be a windfall on wednesday. it's not going to be a complete disaster all at once. but what could happen is that the markets could begin to respond on wednesday. they're closed of course tomorrow for the holiday. and then over time, the average american could...
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>> you heard vice president biden. the white house has put forth a deal and gotten some republicans is in leadership so go along with this. is a big step. we're going to see the republican party rear its ugly head and see how rogue they want to be in going against the majority of americans. very clear. you look at every poll out there protect social security, medicare, medicaid. in this round, that's exactly what the white house did. republicans want to go against that, they have to deal with it in 2014. they want the wealthiest americans to pay for. that's what will happen in this deal. republicans will have to deal with that down the road this will bring more money into the treasury and won't hurt the middle class. the middle class has been protected in this deal and that's exactly what the president said he would do all along. and this is a monumental move by the republicans if they vote for this, there will only be two republicans that ever voted for a tax increase. for the president to keep this, is it's dig deal.
>> you heard vice president biden. the white house has put forth a deal and gotten some republicans is in leadership so go along with this. is a big step. we're going to see the republican party rear its ugly head and see how rogue they want to be in going against the majority of americans. very clear. you look at every poll out there protect social security, medicare, medicaid. in this round, that's exactly what the white house did. republicans want to go against that, they have to deal...
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vice president biden -- i know who that is. that is senator mcconnell's spokesperson up there, don stewart who is regaling reporters with some kind of details about behind the scenes. stu is telling the reporters from the republican point of view. ed, what about from the white house point of view you about how this deal came to be and what it looks like? >> as mike laid out he s exactly right that vice president biden, of course, played a pivotal role. known as the mcconnell whisperer as somebody who when you go back to the debt ceiling debate about a year and a half ago he unsticked that when it was stopped up. he was brought in sort of as the closer again yesterday to try to move this along. it is not a completely done deal yet. as you noted this sequester came about all because the cuts were supposed to be so onerous that lawmakers in both parties would never let them go through and yet they he went right up to the edge here. this is important this s just as mike said a two month buydown. shut out the cuts for two months. co
vice president biden -- i know who that is. that is senator mcconnell's spokesperson up there, don stewart who is regaling reporters with some kind of details about behind the scenes. stu is telling the reporters from the republican point of view. ed, what about from the white house point of view you about how this deal came to be and what it looks like? >> as mike laid out he s exactly right that vice president biden, of course, played a pivotal role. known as the mcconnell whisperer as...
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while vice president joe biden is in capitol hill to sell it to senate democrats, they have got to sign off on the framework of that deal. this is what we know, adam. it exempts income of $400,000 for individuals, $450,000 for families from a tax increase, capital gains and dividends stay the same local straits, amounts above that. permit the patches the alternative minimum tax. estate tax goes to 40% of amounts more than $5 million, one-year extension of employment benefits and the doctor fix making sure medicare doctors don't get a massive pay cut, that is also part of all of this. the debt ceiling is not part of that, something democrats wanted to extract more spending cuts in later debate. the headline here according to a g.o.p. aide, the whole thing is done. it does not mean it is a done deal entirely. but this just developing in the last couple of minutes. adam: when you say the whole thing is done, why is the vice president going to the capital? it sounds to me there are still democrats who need arm-twisting because there was at least part of that side leadership was confirmeconc
while vice president joe biden is in capitol hill to sell it to senate democrats, they have got to sign off on the framework of that deal. this is what we know, adam. it exempts income of $400,000 for individuals, $450,000 for families from a tax increase, capital gains and dividends stay the same local straits, amounts above that. permit the patches the alternative minimum tax. estate tax goes to 40% of amounts more than $5 million, one-year extension of employment benefits and the doctor fix...
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in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase on 98% of americans that's in this deal. we made sure that we pushed off a really significant slashing of defense spending as well as domestic spending and we'll make sure going forward that whatever deal we do reach on those spending cuts is balanced when it comes to both revenue and spending cuts. and that's the overall -- overriding commitment here is we have a balanced plan in front of us and we'll need to -- any further deals made in the future continue to have a balanced plan. >> there are some in your party who don't like this plan. senator
in attendance will be vice president joe biden. is it going to be difficult to sell your party on this deal? >> well, i think that we're going to come together in about an hour as a democratic caucus and hear the vice president out. there are a lot of good things in this bill that make sense and that i think it will ultimately earn the overwhelming majority of house democratic votes. we made sure that as we committed throughout this last campaign that we would not allow taxes to increase...
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if there were to be a deal, of course, biden has been deeply involved since yesterday. when mitch mcconnell reached out to him. that's where it stands rielgts now. chris, part of this, we talked a little bit about procedure. the senate can do just about anything it wants if every senator just agreed to do this lickety-split, that is a huge stretch. at that point, all bets are off. mitch mcconnell has got to get on the same page as john boehner on the house 06 representatives. mcconnell is not going to walk the political bank. so a lot of variables here. the plan, all along, was for the senate to pass this thing and therefore, sort of box in the house. john boehner could present it to his gop conference, his conservatives and say, look, this is the only deal we can get. however, as you report it, it's quite clear now that technically, at least, we're going to be going over that cliff. the house, while they say they could call themselves back into session at any moment for all intense and purposes, they're gone until noon tomorrow. house leaders, their aides say tomorrow
if there were to be a deal, of course, biden has been deeply involved since yesterday. when mitch mcconnell reached out to him. that's where it stands rielgts now. chris, part of this, we talked a little bit about procedure. the senate can do just about anything it wants if every senator just agreed to do this lickety-split, that is a huge stretch. at that point, all bets are off. mitch mcconnell has got to get on the same page as john boehner on the house 06 representatives. mcconnell is not...
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the republican leader calls joe biden off the bench, right. this is kind of what we all had been waiting for. the senate republican leader and the vice president have a good working relationship. we saw that last summer in the debt ceiling debate. those two guys swooped in at the end and helped make a deal happen. when i talked to mcconnell's folks last week, they said, you know, the vice president has been on the sidelines here. we have not been contacted by them. we have not been contacted by the president. it was an interesting move by mitch mcconnell to call joe biden today and try to jump-start these negotiations when they locked up with the majority leader on the democrat side. that will be something to watch in the coming hours. democrats are concerned he will cut a bad deal. they're feeling pretty good right now. will joe biden come in an emboldin the republicans or will the dems hang together across pennsylvania avenue from the white house to congress. a big storyline that we're all watching very closely. >> now that we here that they
the republican leader calls joe biden off the bench, right. this is kind of what we all had been waiting for. the senate republican leader and the vice president have a good working relationship. we saw that last summer in the debt ceiling debate. those two guys swooped in at the end and helped make a deal happen. when i talked to mcconnell's folks last week, they said, you know, the vice president has been on the sidelines here. we have not been contacted by them. we have not been contacted by...
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>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i suspect it will, especially if it passes the senate with a significantly bipartisan vote. you have some real deal makers. >> what do you think that this really means in your opinion, to the average american taxpayer? whether, you know, with the threat we may go over the cliff, and now we may really not. what difference did this really, really mean and if you could put it in plain words for us who are not economists, just explain what it means for all of us? >> well, first of all it means that if you're someone who is a beneficiary of long-term unemployment benefits, you're
>> well, joe biden and mitch mcconnell are older school politicians. they remember a time when compromise was how you close deals like this. and there are a lot of, i guess, mostly younger members up there who don't remember that time. they view their job is to go to washington and create conflict and have grid lock. that doesn't mean that their caucuses will certainly be with them. that is no surprise to me that vice president joe biden is talking with them. it is not a slam dunk, i...
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last word we got came from vice president joe biden. just minutes ago. here is the vice president. >> i feel very good about how is vote is going to go. having been in the senate, there are two things you shouldn't do. you shouldn't predict how the senate is going vote before they vote. you won't make a lot of money. two, you shouldn't predict how the house is going to vote. >> house will not vote on this fiscal cliff bill until tomorrow. we've heard from the house leadership that this bill will not be voted on there until voted n in the senate. not until house leadership has had time to review the bill. tax on high income earners, it will produce $620 billion in revenue. unemployment eninsurance, $30 billion from one year, not going to be paid for with other costs. there are no spending cuts in this bill that. is going to happen -- have to be taken up at a later date. so big question mark whether or not the house, republican led house is going to go for that. back to you. >> a vote at 3:00 or 4:00 in the morning >> correct. in the morning. >> yes. >> i'
last word we got came from vice president joe biden. just minutes ago. here is the vice president. >> i feel very good about how is vote is going to go. having been in the senate, there are two things you shouldn't do. you shouldn't predict how the senate is going vote before they vote. you won't make a lot of money. two, you shouldn't predict how the house is going to vote. >> house will not vote on this fiscal cliff bill until tomorrow. we've heard from the house leadership that...
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to the vice president and said, perhaps joe biden could help jump start things. that's where we are now. there was a lot of fatigue and weariness as the day went on the without a package for members to consider. there was a lot of back and forth, as you know, about different elements of a potential deal and what was angering one side or another. what we expected now is, barring some late night breakthrough which seems unlikely, we would hear from the senate tomorrow, late morning, get a sense where they are, if they're any further along, and then if there is a package, it would be revealed to each side, meaning the house and the senate, let members take a look at it, and gauge if they're ready to go and vote on it. it is the final day of the year tomorrow. and so the time could not be any shorter. and that's putting pressure on everyone involved. we just don't have a sense if there is optimism, but at least we're told they are still talking. chris? >> obviously, vice president biden has not been involved in these negotiations up until now. do we know why the whit
to the vice president and said, perhaps joe biden could help jump start things. that's where we are now. there was a lot of fatigue and weariness as the day went on the without a package for members to consider. there was a lot of back and forth, as you know, about different elements of a potential deal and what was angering one side or another. what we expected now is, barring some late night breakthrough which seems unlikely, we would hear from the senate tomorrow, late morning, get a sense...
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in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the whole thing about changing cpi and reining in cost of entitlements, republicans are judging in on that. take a listen. >> one of proposals we made was something called change cpi but basically makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among democrats not something supported but to strengthen social security in the long time i'm willing to make those decisions. >> reporter: in the morning, the president seemed to be opening the door to rein in those entitlements and then you heard harry reid shut the door on it. the president was talking in the context of reining in entitlements in a four trillion dollar debt deal not in the last minute deal, he would be willing to do that in much broader debt deal. but when you talk to republicans ron johnson from wisconsin, the real problem the president is not willing to rein in sp
in previous budget battles, joe biden has been the closer on these deals. his coming back from delaware might be a sign they are moving a little closer. that will be something to watch. the whole thing about changing cpi and reining in cost of entitlements, republicans are judging in on that. take a listen. >> one of proposals we made was something called change cpi but basically makes an adjustment in terms of how inflation is calculated on social security. highly unpopular among...
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he was sworn in by vice president joe biden thursday. before his appointment, he served as a whole yes' lieutenant governor. -- he served as hawaii's lieutenant governor. the head of the environment protection agency is stepping down after four years. the tenure was notable for the high-profile fights against global warming the keystone oil pipeline, and new revelations of a coal-fired plant. jackson is expected to step down as president obama has a state of the union address. >> the president of the nra is weighing in on david gregory and his decision to put a high capacity ammunition clip on meet the press, which also caught the attention of d.c. police. >> there are two lessons don't ask the government what is legal and what is not legal because half the people don't know, and second that is a silly felony. >> it is illegal to have the high ammunition high capacity ammunition clip in the district. they say the incident demonstrates how outdated some gun laws are. a local man who has spent years on death row could soon be out of prison
he was sworn in by vice president joe biden thursday. before his appointment, he served as a whole yes' lieutenant governor. -- he served as hawaii's lieutenant governor. the head of the environment protection agency is stepping down after four years. the tenure was notable for the high-profile fights against global warming the keystone oil pipeline, and new revelations of a coal-fired plant. jackson is expected to step down as president obama has a state of the union address. >> the...
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mcconnell and joe biden. so there's an indication of how things are going. >> you wrote that democrats are hesitant to put a deal on the senate floor with no republican backing, because it just offers them a chance to score political points when public opinion does seem to be favoring the democrats. democrats don't have an incentive to waste a show of support for something that can't pass, right? >> that's exactly where democrats are. they feel like they want to get a deal with republican backing, if they can. but remember on friday, the president kind of put republicans in a box. he said either cut a deal in the senate and push it through, or i'm going to ask harry reid to put my scaled back plan on the senate floor. and remember that scaled back plan has tax increases for everybody who makes over $250,000, which republicans don't love at all. i'll have harry reid put that on the floor and you'll have to block it. and you will have to then take responsibility for not pushing it through. so republicans are a
mcconnell and joe biden. so there's an indication of how things are going. >> you wrote that democrats are hesitant to put a deal on the senate floor with no republican backing, because it just offers them a chance to score political points when public opinion does seem to be favoring the democrats. democrats don't have an incentive to waste a show of support for something that can't pass, right? >> that's exactly where democrats are. they feel like they want to get a deal with...
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yet you see vice president biden on the hill yesterday dealing with the fiscal cliff. if you're going to have two more months of positioning on the fiscal cliff, how deep does the president go on that or does he go on immigration or gun control or energy which he said yesterday is another priority in his state of the union speech and really push? because the white house has to prioritize and right now the economy continues to be the number one priority for the foreseeable future. >> jill, if this fiscal cliff bill does get done is the new congress going to be more or less likely to work with the president on his second term agenda? >> well, the president is going to have more senators to work with, 55 as opposed to 53. that doesn't mean he'll have an easy time of it because republicans can block anything they want in the senate. it depends on what lessons if any republicans took from the election. i do think that the principle gap is very deep and so i'm not sure that we're going to see a kumbaya situation. but as i say, there are some advantages for republicans in mak
yet you see vice president biden on the hill yesterday dealing with the fiscal cliff. if you're going to have two more months of positioning on the fiscal cliff, how deep does the president go on that or does he go on immigration or gun control or energy which he said yesterday is another priority in his state of the union speech and really push? because the white house has to prioritize and right now the economy continues to be the number one priority for the foreseeable future. >> jill,...
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. >> democrats in the house met with vice president joe biden today. he's urging their support for the deal passed by the senate. the holdup on the other side seems to be a desire for much more in the way of federal spending cuts. it's still a game of wait and see with severe consequences for most americans. being staying on top of the hill and have the very latest for you tonight on the 10:00 news. >> all right. let's join fox 5 political analyst to get more insight on this. mark, how is the president i guess going to claim total victory if in fact he's raising tax rates on the rich but ultimately going up. he said it was 250,000 and now gone up to 4 or 450. >> that's right. plan b, john boehner, the leader of the rublicans offered to do it at a million. in a way, the republicans were defeated in terms of getting it up to a million. they never got a vote. everybody is going to get a tax increase that has nothing to do with this bill because of the payroll tax holiday. a person earning $50,000 is going to pay $800 more by virtue of the fact that expire
. >> democrats in the house met with vice president joe biden today. he's urging their support for the deal passed by the senate. the holdup on the other side seems to be a desire for much more in the way of federal spending cuts. it's still a game of wait and see with severe consequences for most americans. being staying on top of the hill and have the very latest for you tonight on the 10:00 news. >> all right. let's join fox 5 political analyst to get more insight on this. mark,...
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vice president biden also here at the white house. he can of course be an incredibly important player in this entire process. president obama's strategy has to some extent been to wage a public campaign putting the pressure on congress to get something done during that exclusive interview earlier today you heard the president accuse republicans of being solely focused on protecting the taxes of wealthier americans. of course, president obama wants to see the bush era tax cuts extended for those making $250,000 or less while letting it raise on those making more than that. that $250,000 figure is up for debate and is up for compromise. i can tell you that republican leaders on the hill fired back saying he was more interested on assigning blame than getting something done and leading while they are trying to hammer out a deal. that is where things stand right now at the white house. clearly watching these developments quite closely. >> kristen welker, thank you. we will be checking back throughout the afternoon, as well. nchlts for mor
vice president biden also here at the white house. he can of course be an incredibly important player in this entire process. president obama's strategy has to some extent been to wage a public campaign putting the pressure on congress to get something done during that exclusive interview earlier today you heard the president accuse republicans of being solely focused on protecting the taxes of wealthier americans. of course, president obama wants to see the bush era tax cuts extended for those...
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that's why biden is here on capitol hill. so with that mindset, they're moving forward in these talks and they're more than happy to have more fights over the debt limit, more fights over government funding which they think can elicit more of what they want from the president. now, democrats say, okay, we're getting a big concession with the $400,000, but president obama is smart in this case. he's going to get the tax threshold that he wants from republicans, and instead of giving them the cuts he had already promised boehner in the talks before, upwards of $1 trillion in social security and medicare, he can come back around and do that during the debt limit negotiations so he's essentially going to win out. remains to be seen whether or not that holds true and whether or not we get to your broader point, the country wants to go through another one of these in just a few months. >> luke russert, thank you. mike viqueira, kristin welker. help new year. >> happy new year. >>> when we come back, the latest on secretary of state
that's why biden is here on capitol hill. so with that mindset, they're moving forward in these talks and they're more than happy to have more fights over the debt limit, more fights over government funding which they think can elicit more of what they want from the president. now, democrats say, okay, we're getting a big concession with the $400,000, but president obama is smart in this case. he's going to get the tax threshold that he wants from republicans, and instead of giving them the...
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the republican leader calls joe biden of the bends. -- bench. this is what we have all been waiting for. the republican leader and the vice president have a good working relationship. we saw that last summer. they swooped in and helped make a deal happen. mcconnell's folks said the vice president has been on the sideline. it was an interesting move by mitch mcconnell to try -- to called joe biden today and jump start the negotiations. i think that will be something to watch in the coming hours. how does he play? there are democrats that are concerned he will cut a bad deal. they are feeling pretty good right now. will the democrats hang together across pennsylvania avenue from the white house to congress? a big story line we are watching right now. >> we hear they are coming back, and senator reed wants to bring the senate back. is it likely he will have a deal? >> i wish i could tell you that. if i could, i would be a millionaire. i would be making bets on the starch market. -- stock market. the hope is that there could be some kind of deal. de
the republican leader calls joe biden of the bends. -- bench. this is what we have all been waiting for. the republican leader and the vice president have a good working relationship. we saw that last summer. they swooped in and helped make a deal happen. mcconnell's folks said the vice president has been on the sideline. it was an interesting move by mitch mcconnell to try -- to called joe biden today and jump start the negotiations. i think that will be something to watch in the coming hours....
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mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting a little bit of what they want. can -- why did they have to call biden in at the last minute? why didn't they call him earlier? why are we here today on the last day of december? why couldn't this have been done weeks ago? >> deb, we're here at the last day of december in the final hours because of a culture of division and dysfunction in washington, d.c. and it didn't happen overnight. it has been created over a long time, because the polarization of the two parties, the system of redistricting that reduced the number of swing districts to one-third what they were 20 years ago, so the incentiv
mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting...
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vice president joe biden negotiated a deal with senate republicans over the weekend. the agreement makes bush era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be itself model for how we do -- be the model for how we do things around here but i think we can say we've done some good for the country. >> families will make up today to the assurances their taxes won't go up $2200 each. >> reporter: president obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the line. lawmakers missed the january 1 deadline but the bill will be retroactive. many taxpayers across the nation are frustrated lawmakers waited so long to act. >> the whole system is flawed. it's terrible that it take
vice president joe biden negotiated a deal with senate republicans over the weekend. the agreement makes bush era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be itself model for how we do -- be the model for how we do things around here but i think we can say we've done some good for the country. >> families will make up today to the...
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biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john talked about, about some optimism last night, see some snippets of it in some of the news coverage overnight, is essentially some deal to increase taxes, to put off sequestration cuts, and to add some additional spending in the form of extending unemployment benefits. so you're talking about bringing to the house floor a bill to raise taxes, and increase spending, and put up -- >> they say forget about it with boehner. >> i just don't see it in this context. and you know, if people aren't -- >> -- thought that we would -- >> we've been saying this for awhile. >> and i also want to
biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john...
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the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert who is on the hill and where things stand. first, let's listen into the start of this session. >> the speakers are in washington d.c., january 1, 2013. i hereby hereby appoint the honorable robert j. dole to act as speaker in temporary on this day, signed john a. boehner, speaker of the house of representatives. >> the prayer will be offered by our chaplain father conroy. >> let us pray. eternal god, we give you thanks for giving us another day, a new year. the political struggles of the past year have revealed the divisions that exist in our nation. there are many american citizens who are angry,
the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert...
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vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i don't know what the conference will do. i think essentially the speaker said let the senate do it. now it's back. so i don't really know. but i do think the bill will come up today. the notion there will be amendment, i just don't think that's feasible. i think everybody should plan that after due deliberation the republicans that we're likely to have a vote today. the markets aren't open today. they will be tomorrow. i don't think we should go over the cliff for 24 hours. >> dangling is no fun. thank you for being with us. i sure hope you're hard
vice president biden just said that yesterday. but i want to get your feel for what you think is going to happen. we had a pretty significant 89-8 vote in the senate. dana bash who knows a lot about what's going on in the hallways said she has no idea how this vote could shake down. do you have a sense of how many of your members may vote to support a deal or how many friends may vote to support a deal? >> i don't know. my guess is there will be strong support in the democratic caucus. i...
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i mean, in the end, it became mitch mcconnell and joe biden. the majority of lawmakers essentially cut out of the process, including, arguably, the speaker. so, how can things be done differently if you're going to do things like getting the debt ceiling taken care of, like figuring out the sequester? >> well, this was a unique situation because we did have the fiscal cliff and we had a lame duck congress. what i think we have to start trying to do is return to what's called around here regular order. there really is no such thing in this congress. but what that means is that the committees actually consider the bills. and the thing that is really the challenge for us is to get republicans and democrats to be working on these committees, talking about the different issues and trying to come up with some compromises. right now, it's just an all-or-nothing proposition, and the republicans have the majority in the house and it's their way or the highway. the senate filibuster is a big impediment. and in the old days that people speak about with so
i mean, in the end, it became mitch mcconnell and joe biden. the majority of lawmakers essentially cut out of the process, including, arguably, the speaker. so, how can things be done differently if you're going to do things like getting the debt ceiling taken care of, like figuring out the sequester? >> well, this was a unique situation because we did have the fiscal cliff and we had a lame duck congress. what i think we have to start trying to do is return to what's called around here...
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even vice president biden might come over if they're close to a deal. more narrow issues are still dividing them. they've maid a lot of progress. they're just not there yet. milissa? >> i'm glad you just described that to us all about the mood in the senate tonight. correct me if i'm wrong, it almost sounds hopeful there. >> is a sense it's worth staying here and they're looking at these details. at the same time people are tired there are some frustrations there is a sense they could have gotten this done sooner. you hear that plenty. but those who have been at the table and looking at this do see compromise that has happened on both sides. you have republicans and democrats who made big compromises on taxes. the president moving up from his $250,000 threshold to 400 and 450 for individuals and couples. and republicans who wanted to see no tax increases for any level did agree, at least at this stage, that they would support tax increases. i say at this stage because this agreement should it happen then has to be voted on of course by the full senate a
even vice president biden might come over if they're close to a deal. more narrow issues are still dividing them. they've maid a lot of progress. they're just not there yet. milissa? >> i'm glad you just described that to us all about the mood in the senate tonight. correct me if i'm wrong, it almost sounds hopeful there. >> is a sense it's worth staying here and they're looking at these details. at the same time people are tired there are some frustrations there is a sense they...
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. -- joe biden. even if he runs in 2016 for the presidency. >> named the head of the whole gun thing. >> i'm telling you -- this position. >> we'll have to wait. >> his political style is seen unfortunately for him as too aseckic for broad appeal. maybe you should talk to his wife about running for president. his wife is terrific. >> he may or may not run for president, john. but a lot of people love joe biden. he's an authentic voice and democrats in particular love him. maybe you got a problem -- >> we're talking about his wife as a candidate. >> jill? >> why not? >> because she's shown no political ambition. she teaches at a community college and she has a fine career. >> okay. best political theater of 2012. pat? >> i hate to say it but i think the democratic convention in charlotte. it was a real bell winger of a convention, very entertaining. >> eleanor? >> i second that and i loved clint eastwood interviewing the empty chair. that was classic. >> you really thought he had it all together. >> e
. -- joe biden. even if he runs in 2016 for the presidency. >> named the head of the whole gun thing. >> i'm telling you -- this position. >> we'll have to wait. >> his political style is seen unfortunately for him as too aseckic for broad appeal. maybe you should talk to his wife about running for president. his wife is terrific. >> he may or may not run for president, john. but a lot of people love joe biden. he's an authentic voice and democrats in particular...
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have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so many small businesses and farms and ranches and job creators. so the democrats are divided. we're going to meet at 4:30 to go over the specifics of the agreement to see if it's something that we will vote for. >> how are you on the republican side? are you divided on this tax issue they've agreed apparently to an income tax increase to 39.6% on individuals making $400,000 and $450,000 for couples. >> we're united in wanting to make sure any increase in tax revenue specifically goes to dealing with the debt and the deficit and is not used on additional programs. i mean, the president seems to underpl
have asked vice president biden to come to capitol hill to sell the deal to democratic lawmakers. what do you make of that headline? >> i know the republicans are going to meet at 4:30 this afternoon. all the republicans in the senate to go over the proposal. it sounds like the democrats are as well. but the democrats have been very divided over the level for raising taxes, over how to tax small businesses which are the job makers in this country, as well as the death tax which hits so...
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tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those are the people who these negotiations are about. every day americans who work these types of jobs, who are every day americans and so there you go. i think that is absolutely tells the story. >> don, i want to -- >> go ahead. >> i want
tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the...
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vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise. i'm hopeful this congress will, as one of its last acts, act not only on this compromise, but i'm also very hopeful and would expect that we would provide the emergency assistance needed for the victims of sandy. one of the country's worst storms in history that damaged the northeast so badly. so, i'm hopeful we will be able to move on both of these issues and that we will have members on both sides who perhaps will not agree,
vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach...
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vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for having me. >> sheila brought up a name we haven't talked about, vice president joe biden instrumental and the smile on his face as he was walking around capitol hill, he's like i am in the middle of this, i'm in both feet, happy man. >> because last week the sniping between harry reid and mitch mcconnell was pretty dramatic and many points downright unhelpful, and to somehow see joe biden go in there and i don't know what he did. look at that smile. i don't want fairy dust he's sprinkled all over the place but it helped. >> every minute he's spent in the senate
vice president biden was extremely helpful. if they had done plan b, the chain cpi, if the republicans supported their speaker the gop would be in a better position and have something on the spending side, they didn't. hopefully some lessons have been learned and we have the beginnings of a governing cowigs we so desperately need. >> we'll see that play out today, john boehner's leadership will be in tight focus. >> it will be. >> thank you for being here. >> thanks for...
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Dec 24, 2012
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i think joe biden is aaron p that knows the senators. perhaps when he would sit down with two of them, and we've got to bring speaker boehner and eric cantor into the mix to see what they can put together on the house side. because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were not looking at this practically? >>> i agree with them. however, we're at a point where we will not get what we think is right for our economic and country, because we don't control government. so we've got to work within the system we have. i think 250,000 as a threshold is way too low. we can't do that to people who have a lot of expenses. we need to up that amount that president obama wants to raise taxes on. >> he was putting it at 400,000 senator, i want to move to the issue of guns. we heard what ray lapierre said earlier. he was singling out one of y
i think joe biden is aaron p that knows the senators. perhaps when he would sit down with two of them, and we've got to bring speaker boehner and eric cantor into the mix to see what they can put together on the house side. because they know that we don't want to increase taxes. so i do think everyone coming toe, and it's going to take everyone, the president, the vice president, the house and sena senate. >>> are you saying there's several dozen that did not support plan b, they were...
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the house after the conclude their meeting which at this point is still happening with vice-president biden on capitol hill. fox business this year. we will go back to regular programming in be joining you back again once we get more news to bring you. . >> it is a virtuous cycle. almost as a global culture of giving among the top echelon. john: of "forbes" 400 list? >> exactly. we throw it against the wall to see if it sticks. john: you do something else? >> we give awards to social entrepreneurs. we focus on organizations working outside of government because we feel societe has more flexibility ban government contractors. charities used to be independent but now are contractors to the government. that is all you need the social impact bond to hold them accountable. john: i would rather use the money than government but government is captured. >> ben taxpayers want to know they get something for it to. cently these agencies have a good cause. that is different of kids not ing back to jail. john: mark zuckerberg maybe feeling guilty gave $100 million to the new work public-school system. i
the house after the conclude their meeting which at this point is still happening with vice-president biden on capitol hill. fox business this year. we will go back to regular programming in be joining you back again once we get more news to bring you. . >> it is a virtuous cycle. almost as a global culture of giving among the top echelon. john: of "forbes" 400 list? >> exactly. we throw it against the wall to see if it sticks. john: you do something else? >> we give...
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Dec 31, 2012
12/12
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we don't have a deal yet where we are looking at the contours of an agreement between vice president biden and senate minority leader mitch mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic budget cuts called sequester. as amman referred to, dekrats want at least one year for that to be turned off. initially asking for two years. republicans say, no, we will come up with cuts to offset that for 60 to 90 days. that's where things are going. the problem is you can't consider any one part of the agreement done until they are all done because there's an inner play on cap gains and dividends by the way, looking at going from 15% on both which is current policy to 20% on both. not the higher rate called for undercurrent law of 39.6% for dividends. 20% for both. this is something that both side
we don't have a deal yet where we are looking at the contours of an agreement between vice president biden and senate minority leader mitch mcconnell is increase to 39.6 for income somewhere between 400 and $500,000 and probably 450,000. the estate tax would go up slightly from the level of 35% and current law scheduled to go up to 35 and would probably go up slightly to 40%. you are looking at one year extension of unemployment benefits pen you a honk do they defer across the board automatic...
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vice president joe biden who has been trying to influence senate democrats, many of them skeptical to support this deal he is negotiate with senate minority leader mitch mcconnell. they want this to be much lower rate is placed on the deal for individuals, $430,000 for married couples. what we're hearing now is the drafting is ongoing, national budget office is taking a look k at this to see exactly how much it is going to cost but as it is known with the impact of the deficit going to be, senator joe lieberman said a short while ago they will try to vote on this thing at some point this evening as we get closer, adam, less than an hour to go in the year 2012 there is no way this clears the senate and the house before the end of the new year. if the senate passes this tonight or sometime in the early morning hours the house will hol begin considering it tomorrow. there's no real outlook so far as to whether or not this is actually going to pass the house, too early to tell. they are basically saying the senate goes first and then the house. adam: have the senator from ohio saying he w
vice president joe biden who has been trying to influence senate democrats, many of them skeptical to support this deal he is negotiate with senate minority leader mitch mcconnell. they want this to be much lower rate is placed on the deal for individuals, $430,000 for married couples. what we're hearing now is the drafting is ongoing, national budget office is taking a look k at this to see exactly how much it is going to cost but as it is known with the impact of the deficit going to be,...
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Jan 1, 2013
01/13
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certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus battles and republicans in congress and really had them in a corner, had them boxed in really well. however, some of his supporters, you already hear them expressing a great deal of dismay.
certainly joe biden comes out 06 this looking great. he came in sort of his superman of the underdog flying in at the last minute to save the day. the president, a mixed bag although he really played his hand to the maximum. a lot of people looked at this and thought he learned his lessons from previous perusing budget battles, health care battles, stimulus battles and republicans in congress and really had them in a corner, had them boxed in really well. however, some of his supporters, you...
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knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football before he got into the end zone. when the president had obnoxious pep rally before the agreement was reached. joe biden stepped in. he spent many decades in the chamber. he has personal relationship with mitch mcconnell. depends how you view the deal. if you think mcconnell did the right thing he
knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he...
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Dec 31, 2012
12/12
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reached some type of agreement on taxes, but i know that makes mcconnell was working with vice-president biden on the spending side. and so there may be some person that has to go on the senate democrats to get the bill passed gerri: arm-twisting everywhere. let's talk about this potential deal as it has been outlined to us. we would have tax hikes on folks with incomes above 400,000 if your single, above water and 50,000 if you're a couple. permanent patch to anc, the alternative minimum tax. estate tax also. 40 percent for states with 5 million more. going way below that level. jobless benefits extended for a year. can you live with the deal like that? >> if that is all it is in there is no spending cuts than it is not the balanced approach to the president has promised the american people, and so it will be difficult for me to vote for. there are some good permanent things in the tax code related to all the rates below the 404 under 50,000 level. at&t fixes are good. but without any spending cuts on here, if it's just a revenue driven package so the president and spend more money will be a
reached some type of agreement on taxes, but i know that makes mcconnell was working with vice-president biden on the spending side. and so there may be some person that has to go on the senate democrats to get the bill passed gerri: arm-twisting everywhere. let's talk about this potential deal as it has been outlined to us. we would have tax hikes on folks with incomes above 400,000 if your single, above water and 50,000 if you're a couple. permanent patch to anc, the alternative minimum tax....
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Jan 1, 2013
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back >> vice president joe biden back on the hill
back >> vice president joe biden back on the hill